Skip to content
Nonprofiteer
← CONEY ISLAND SITE NINE HOUSES INC

Form 990 for tax year 2022

Filed by CONEY ISLAND SITE NINE HOUSES INC.

Totals

Total revenue
$3,134,558
Total expenses
$2,913,845
Contributions and grants received
$79,852
Grants paid
$0
Program service revenue
$2,974,125
Investment income
$16,625
Other revenue
$63,956
Total assets, end of year
$13,030,899
Total liabilities, end of year
$9,407,410
Net assets or fund balances, end of year
$3,623,489
Program services expenses (Part IX)
$2,714,220
Management and general expenses
$199,625
Fundraising expenses
$0
Program service expenses (Part III)
$2,714,220

Program services were 93.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $79,852

  • 2a · Program service revenue: RENTAL REVENUE

    total $2,974,125 · related or exempt $2,974,125

  • 3 · Investment income

    total $16,625 · excluded $16,625

  • 11a · Other revenue: TENANT CHARGES & LAUND

    total $33,372 · related or exempt $33,372

  • 11d · All other revenue

    total $30,584 · related or exempt $30,584

  • 11e · Other revenue, total

    $63,956

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $146,198 · program services $146,198

  • 8 · Pension plan contributions

    total $5,622 · program services $5,622

  • 9 · Other employee benefits

    total $38,800 · program services $38,800

  • 10 · Payroll taxes

    total $10,847 · program services $10,847

  • 11a · Fees: management

    total $163,081 · management and general $163,081

  • 11c · Fees: accounting

    total $36,544 · management and general $36,544

  • 11g · Fees: other

    total $276,613 · program services $276,613

  • 13 · Office expenses

    total $62,397 · program services $62,397

  • 16 · Occupancy

    total $1,029,049 · program services $1,029,049

  • 22 · Depreciation, depletion and amortization

    total $655,111 · program services $655,111

  • 23 · Insurance

    total $203,167 · program services $203,167

  • 24a · Other expenses: SECURITY CONTRACT

    total $198,278 · program services $198,278

  • 24b · Other expenses: ELDERLY CARE EXPENSES

    total $79,852 · program services $79,852

  • 24c · Other expenses: BAD DEBTS

    total $7,091 · program services $7,091

  • 24d · Other expenses: TAXES, LICENSES, PERMIT

    total $274 · program services $274

  • 24e · All other expenses

    total $921 · program services $921

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,048,985 · end of year $1,571,636

  • 2 · Savings and temporary cash investments

    beginning of year $1,932,812 · end of year $2,302,675

  • 4 · Accounts receivable

    beginning of year $140,096 · end of year $360,508

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,241 · end of year $21,416

  • 10a · Land, buildings and equipment: cost or other basis

    $22,992,891

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,338,482

  • 10c · Land, buildings and equipment, net

    beginning of year $8,851,105 · end of year $8,654,409

  • 15 · Other assets

    beginning of year $108,718 · end of year $120,255

  • 17 · Accounts payable and accrued expenses

    beginning of year $573,663 · end of year $400,516

  • 19 · Deferred revenue

    beginning of year $6,933 · end of year $13,215

  • 21 · Escrow or custodial account liability

    beginning of year $105,281 · end of year $106,717

  • 23 · Secured mortgages and notes payable

    beginning of year $8,983,603 · end of year $8,827,549

  • 25 · Other liabilities

    beginning of year $32,701 · end of year $59,413

  • 27 · Net assets without donor restrictions

    beginning of year $3,274,737 · end of year $3,495,450

  • 28 · Net assets with donor restrictions

    beginning of year $128,039 · end of year $128,039

Mission and programs · 2022

Mission

AS PART OF THE JASA'S COMPREHENSIVE NETWORK OF SERVICES FOR OLDER ADULTS, CONEY ISLAND SITE NINE HOUSES, INC. PROVIDES AFFORDABLE HOUSING AND SOCIAL SERVICES TO LOW INCOME OLDER ADULTS LIVING INDEPENDENTLY.

Activities or mission (Part I)

TO PROVIDE AFFORDABLE HOUSING & SOCIAL SERVICES TO LOW INCOME OLDER ADULTS LIVING INDEPENDENTLY.

  • THE CORPORATION PROVIDES AFFORDABLE HOUSING AND AUXILIARY FACILITIES FOR OLDER ADULTS OF LOW INCOME. THE PROJECT CONSISTS OF 197 UNITS LOCATED IN BROOKLYN, NEW YORK. IN ADDITION TO PROVIDING HOUSING THE ORGANIZATION PROVIDES AN ON-SITE SERVICE COORDINATOR AND TO SUPPORT RESIDENTS LIVING INDEPENDENTLY IN THE COMMUNITY.

    Expenses $2,714,220 · Revenue $3,038,081

As filed on the 2022 return.

Listed in Part VII

  • Kathryn Haslanger

    CEO

    Total calculated
    $474,411
    From this org
    $0
    From related orgs
    $409,833
    Other
    $64,578
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $402,663 related
    Bonus
    $0
    Other
    $0 + $7,170 related
    Deferred
    $0 + $7,659 related
    Nontaxable benefits
    $0 + $56,919 related
    Filer's total
    $0 + $474,411 related

  • Donald Manning

    VP/ASST. TREASURER, ASST.

    Total calculated
    $293,758
    From this org
    $0
    From related orgs
    $279,797
    Other
    $13,961
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,750 related
    Bonus
    $0
    Other
    $0 + $2,047 related
    Deferred
    $0 + $13,961 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $293,758 related

  • Matthew Locurto

    CFO

    Total calculated
    $186,069
    From this org
    $0
    From related orgs
    $162,270
    Other
    $23,799
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $161,877 related
    Bonus
    $0
    Other
    $0 + $393 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $23,799 related
    Filer's total
    $0 + $186,069 related

  • Bonnie Rosenberg

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • David Hildes

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Eleanor Wagner

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Jessica Feder Mantel

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Joseph Rubin

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Martin Siroka

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Stuart Bell

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 10 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
23 April 2024
IRS schema version
2022v5.0
Source object
202421169349300117

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.